Norden Group LLC Makes New $211,000 Investment in iShares Global Tech ETF $IXN

Norden Group LLC purchased a new position in shares of iShares Global Tech ETF (NYSEARCA:IXN) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,280 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Focus Financial Network Inc. bought a new stake in shares of iShares Global Tech ETF in the 2nd quarter valued at about $253,000. Virtu Financial LLC bought a new stake in shares of iShares Global Tech ETF in the 1st quarter valued at about $11,995,000. Balance Wealth LLC bought a new stake in shares of iShares Global Tech ETF in the 1st quarter valued at about $1,056,000. Accurate Wealth Management LLC bought a new stake in shares of iShares Global Tech ETF in the 2nd quarter valued at about $437,000. Finally, Kingswood Wealth Advisors LLC lifted its stake in shares of iShares Global Tech ETF by 76.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 7,745 shares of the company’s stock valued at $591,000 after acquiring an additional 3,355 shares during the last quarter.

iShares Global Tech ETF Trading Up 0.1%

NYSEARCA IXN opened at $101.69 on Friday. iShares Global Tech ETF has a 1-year low of $63.58 and a 1-year high of $103.45. The stock has a 50-day moving average of $97.20 and a 200-day moving average of $87.42. The firm has a market cap of $6.06 billion, a PE ratio of 34.73 and a beta of 1.15.

iShares Global Tech ETF Company Profile

iShares Global Tech ETF (the Fund), formerly iShares S&P Global Technology Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Information Technology Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the information technology sector of the economy.